Marijuana Liability Insurance

In Michigan, Marijuana retail and microbusiness licensees are required to have and maintain marijuana liability insurance. The insurance must be provided by a licensed and admitted insurance company in Michigan in a minimum amount of $50,000.00 for actions brought against the licensee under section 11a of the MRTMA. Additionally, marijuana retailers and microbusinesses authorized to sell marijuana at a temporary marijuana event must also obtain marijuana liability insurance, which covers sales or transfers of marijuana that will occur at the temporary marijuana event.